# Parity at last?

> Caixabank Research notes that the euro has lost value against the dollar since its April 2008 peak of 1.6, largely because of diverging Fed and ECB policy. It says Trump's expected fiscal expansion has lifted U.S. inflation expectations and widened the bond yield spread. It expects monetary policy divergence to persist in 2017.

- Date: 2017-02-16 · published 2017-02-16T12:00:00.000Z
- Category: macro · region Euro Zone · magnitude low
- Page: https://feedsoft.ai/events/72710-parity-at-last
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A widening rate spread and stronger dollar make dollar-priced grain and oilseed exports more expensive for euro-zone buyers, which can weigh on U.S. export demand. The effect is an analytical outlook rather than a new policy shock.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2022-07-19 | [Euro-dollar parity: beyond symbolism](https://feedsoft.ai/events/40715-euro-dollar-parity-beyond-symbolism.md) | +0.5% | +0.3% |
| EURUSD | 2022-08-22 | [Dollar rises on risk aversion; euro revisits parity](https://feedsoft.ai/events/40217-dollar-rises-on-risk-aversion-euro-revisits-parity.md) | -0.4% | -0.4% |
| EURUSD | 2022-06-30 | [Euro to Hit Parity against Dollar by August says Nomura](https://feedsoft.ai/events/41162-euro-to-hit-parity-against-dollar-by-august-says-nomura.md) | -3.0% | -3.0% |
| EURUSD | 2023-09-14 | [ECB seals euro's fate; parity back in play?](https://feedsoft.ai/events/34314-ecb-seals-euro-s-fate-parity-back-in-play.md) | -0.2% | -1.7% |
| EURUSD | 2016-12-22 | [Euro-Dollar Parity: It’s All About the Greenback](https://feedsoft.ai/events/73662-euro-dollar-parity-it-s-all-about-the-greenback.md) | +0.6% | +3.1% |
| DXY | 2022-07-19 | [Euro-dollar parity: beyond symbolism](https://feedsoft.ai/events/40715-euro-dollar-parity-beyond-symbolism.md) | -0.3% | -1.1% |
| DXY | 2022-08-22 | [Dollar rises on risk aversion; euro revisits parity](https://feedsoft.ai/events/40217-dollar-rises-on-risk-aversion-euro-revisits-parity.md) | +0.0% | +1.6% |
| DXY | 2022-06-30 | [Euro to Hit Parity against Dollar by August says Nomura](https://feedsoft.ai/events/41162-euro-to-hit-parity-against-dollar-by-august-says-nomura.md) | +1.5% | +1.0% |

## Sources

- caixabankresearch.com: https://www.caixabankresearch.com/en/economics-markets/monetary-policy/parity-last

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.